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Quasimodo MT4

3.63

This is an indicator for Quasimodo or Over and Under pattern. It automatically finds the swing points and can even place virtual trades with stop loss and take profit. Press the "Optimize" button to automatically find the most effective settings. The pattern consists of four legs A,B,C,D as shown in the pictures. Open and close prices of the virtual trades are Bid price but the statistics in Display Panel take current spread into account. Its parameters are explained below.

  • Buffer - Pips distance from SR (support or resistance) line where a trade is triggered.
  • AllowLegABreak - Pattern is valid even if price breaks the start point of leg A.
  • OnlyOnePattern - Only one pattern can be valid, a long and a short patterns can't be simultaneously valid.
  • CancelPatternCandles - Maximum number of candles a pattern can last. The count starts from the end of leg D.
  • TakeProfit - Take profit in pips.
  • StopLoss - Stop loss in pips.
  • SwingTakeProfit - The take profit level is set at a recent swing point. If TakeProfit value is greater than zero then it is added to SwingTakeProfit level.
  • SwingStopLoss - The stop loss level is at the highest/lowest swing point.
  • MaxTradesPerPattern - The number of times that SR is touched and a trade is triggered for each pattern. The pattern is valid until the maximum number of trades are opened.
  • LongTrades - Long virtual trades are allowed.
  • ShortTrades - Short virtual trades are allowed.
  • ProfitableTradesPercentage - The minimum allowed percentage of profitable trades during optimization.
  • OptimizeBuffer - Minimum and maximum buffer values used for optimization. The values should be separated by a "-" symbol.
  • OptimizeTakeProfit - Minimum and maximum TakeProfit values used for optimization. The values should be separated by a "-" symbol.
  • OptimizeStopLoss - Minimum and maximum StopLoss values used for optimization. The values should be separated by a "-" symbol.
  • UniqueID - When optimization is finished, a file with optimized settings is automatically saved in "Files" folder. UniqueID is the name of this file and should be different for each indicator instance. Load this file to retrieve optimized settings.
  • Alerts - An alert pops up. All the alerts options consist of two digits. For the first one, 0 disables alerts, 1 alerts when a trade is opened, 2 when a trade is closed, 3 in both cases. For the second digit, 0 disables alerts, 1 alerts when a pattern is formed.
  • AlertSound - Sound of the alert, a custom sound placed in the "Sounds" folder can be used.
  • Email - Sends an email.
  • Notifications - Sends a push notification to a mobile phone.
  • ScreenShots - Takes a screenshot and saves it to the "Files" folder.
  • MinHeightA - Leg A should have at least this height.
  • MinHeightAType - The MinHeightA value can be pips or a multiplier of the height of another leg.
  • MaxHeightA - Leg A should not exceed this height in pips. 0 disables this option.
  • MaxHeightAType - The MaxHeightA value can be pips or a multiplier of the height of another leg.
  • MinCandlesA - Leg A should have at least this number of candles.
  • MaxCandlesA - Leg A should not exceed this number of candles. 0 disables this option. The explanations above apply to the rest legs as well.
  • PastBars - The number of past bars used by the indicator.
Reviews 9
GoodMan54
104
GoodMan54 2024.07.09 13:59 
 

It has a very nice graphic panel but i need some instruction on how to use it

azzzurro
20
azzzurro 2022.01.30 16:17 
 

Interesting, fun to use. With commitment and some personal knowledge you can make good profits.

harik
14
harik 2021.12.30 19:38 
 

Thank you for this wonderful indicator...

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Currency Strength Wizard is a very powerful indicator that provides you with all-in-one solution for successful trading. The indicator calculates the power of this or that forex pair using the data of all currencies on multiple time frames. This data is represented in a form of easy to use currency index and currency power lines which you can use to see the power of this or that currency. All you need is attach the indicator to the chart you want to trade and the indicator will show you real str
TakePropips Donchian Trend Pro
Eric John Pajarillaga Aldana
4.61 (18)
TakePropips Donchian Trend Pro  (MT4) is a powerful and effective tool that automatically detects the direction of the trend using the Donchian Channel and provides you with an entry and exit trading signals! This multi-function indicator includes a trend scanner, trading signals, statistical panel, screener, trading sessions, and alerts history dashboard. It is designed to provide you with trading signals and save you hours analyzing the charts! You can download the user manual and installation
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Quasimodo
Panagiotis Georgalas
4.36 (11)
This is an indicator for Quasimodo or Over and Under pattern. It automatically finds the swing points and can even place virtual trades with stop loss and take profit. Press the "Optimize" button to automatically find the most effective settings. The pattern consists of four legs A,B,C,D as shown in the pictures. Open and close prices of the virtual trades are Bid price but the statistics in Display Panel take current spread into account. Its parameters are explained below. Buffer   - Pips dista
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GoodMan54
104
GoodMan54 2024.07.09 13:59 
 

It has a very nice graphic panel but i need some instruction on how to use it

Aravind Kolanupaka
8900
Aravind Kolanupaka 2022.02.13 04:02 
 

Indicator used to work earlier and now indicator works sometimes.

azzzurro
20
azzzurro 2022.01.30 16:17 
 

Interesting, fun to use. With commitment and some personal knowledge you can make good profits.

Arabier
24
Arabier 2022.01.30 09:28 
 

I need an explanation on how to use this indicator,

sei-bert
304
sei-bert 2022.01.26 16:23 
 

На троечку .

harik
14
harik 2021.12.30 19:38 
 

Thank you for this wonderful indicator...

Roger
514
Roger 2021.12.30 17:41 
 

Fabulous indicator, will you make an EA of it someday?

ThorstenKock
2584
ThorstenKock 2021.09.11 13:25 
 

Extremely bad indicator

Tim Eubanks
5762
Tim Eubanks 2018.03.21 03:22 
 

Interesting indicator needs more testing

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Version 1.21 2022.10.05
Optimization improvements.